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Deutsche Bank Profile

Company Overview:

The German financial services corporation Deutsche Bank is one of the largest foreign exchange dealers worldwide, with $61 billion in revenues and $2.5 trillion in assets. In the decades following its founding in 1870 as a financial institution specializing in foreign trade, Deutsche Bank was broken up into 10 regional banks, which were later consolidated into Deutsche Bank AG.

In recent years, the bank has become a global presence as an investment bank, for which it was recognized as the International Financing Review’s Bank of the Year in 2003, 2005 and 2010.

Company Controversies:

For a 6- year period (2001-2007), Deutsche Bank was found to be spying on its critics. In a Wall Street Journal report, the Bank was said to be engaging in espionage activities, including sending employees to be hired as interns at certain banks to report back information.